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Europe's banks are slipping up

European stocks are in negative territory early on Monday morning, with all of the continent's major share indexes slipping as of 9:00 a.m. BST (4:00 a.m. ET), as investors return from their two-day weekend break. Losses are limited so far on the day, with most indexes lower by less than 0.3%, however on an individual basis, financial stocks look shaky, thanks to warnings from both the International Monetary Fund and European Central Bank over the weekend that the financial sector needs major reforms.
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